Bitcoin has reached 65,000 US dollars, why is it said to be the dividing line between bull and bear?
First of all, I don’t agree with this statement
The evolution of the bull and bear cycles is not distinguished by a price, but by a range
Because the price is dead, the range is alive
In the currency circle, as long as you are an investor who tries to make a big bull market every 4 years, the focus is on the range, and then the price
Buy at a relatively reasonable bottom range price and sell at a relatively high price. This is the most reasonable, longest and most stable way of investment
Just like Bitcoin now, it has been bullish since 2023 and has maintained this trend so far. Although it has fluctuated and fallen for half a year, it is only a phased adjustment
However, a point of view needs to be expressed here: BTC has It is already at 64,000 USD. Although it is going up, we cannot expect too high a return on investment in the later stage, because the market value and price have reached a height that ordinary people cannot reach.
Bitcoin halving has been in the first half of the year, and the storms have passed. From the perspective of time development, it has been satisfied.
Whether the cottages will all go up and usher in a hundred flowers blooming, there is no need to suspect it anymore.
Go with the flow and hold the chips.
The only thing you need to ensure is: whether the coin in your hand is a valuable coin. As long as this is done right, I believe the result will definitely be good.
